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presented the latest white proposal on avoiding the fiscal cliff to house speaker john boehner thursday --house speaker john boehner says that the idea of boosting revenue by 1.6 trillion over the next decade would be a 'crippling blow' to the economy. >> ".we're at a stalemate.. .let's face it...." >> "vhope that's a figure of speech. shouldn't be talking about a stalemate." we should not even think of that term of a stalemate. >>catherine: the key sticking point....taxes. democrats want to extend bush-era tax cuts for the middle class...while allowing rates to jump republicans don't want a tax rate increase on anyone. period. the white house is hoping that the fact the president is taking his case to the public will help build momentum....and pressure congress to act. of course the real negotiating is going on behind closed doors.. and with 32 days before tax hikes and spending cuts kick in....there are few signs of progress... catherine heenan, kron 4. >> congressional insiders that a deal could be reached before the deadline we will be right back. ♪ aids is not going to take my ba
that fiscal cliff... of tax hikes and spending cuts gets triggered, negotiations still appear to be at a standstill, president obama told bloomberg news, the latest plan put forth by house speaker john boehner, simply does not add up. republicans have been equally dismissive of the last proposal from the president. tax rates on the wealthy remain the key sticking point between both sides. after a white house meeting tuesday, a bi- partisan group of governors expressed hope that an agreement will be reached soon. experts forecast economic turmoil in january, if a deal is not reached. >> john boehner took a break from the negotiations to help light of the christmas tree. eagle scout, from colorado springs helped out and there is. the crowd in cheers and the u.s. air force played " a christmas tree " and other holiday classics. this is a spruce tree from call rental white river national forest. it has 10,000 lights, ornaments and will be let in each night until the day after christmas. >> we are going to take a look at the golden gate bridge. dry roadways. the bulk of the
Search Results 0 to 1 of about 2